EconomyLens.com
No Result
View All Result
Thursday, October 2, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Volkswagen halts electric minivan exports to the United States

David Peterson by David Peterson
July 10, 2025
in Economy
Reading Time: 3 mins read
A A
2
28
SHARES
353
VIEWS
Share on FacebookShare on Twitter

While subject to a recall in the United States, the German-made ID. Buzz is also subject to a new 25 percent tariff. ©AFP

Frankfurt (Germany) (AFP) – German auto giant Volkswagen said Thursday it had suspended deliveries of its electric minivan ID.Buzz due to a technical issue amid reports the decision was influenced by costly US tariffs on cars.

Related

Spain hosts record number of summer tourists

G7 ministers to target those increasing Russia oil purchases

Supreme Court blocks Trump from immediately firing Fed governor

EU eyes higher steel tariffs, taking page from US

ECB chief says eurozone weathering Trump tariff storm

“No electric ID.Buzz models made in Hanover are currently being delivered to North America due to a technical recall mandated by US authorities,” Tobias Riepe, a spokesman for Volkswagen’s commercial vehicles division, told AFP. The van’s rear seats are “deemed too wide for the vehicle,” Riepe said.

Citing company insiders, however, German business daily Handelsblatt reported the main reason was high tariffs imposed by US President Donald Trump. Manufactured in Hanover, the ID.Buzz has since April been subject to a new US tariff of 25-percent on imported cars that are not largely made within North America. That has made exporting the ID.Buzz into the United States untenable, according to Handelsblatt.

Foreign carmakers have scrambled to respond to Trump’s levies, with high-end automaker Mercedes-Benz on Monday saying it had delayed some US deliveries in the expectation of tariffs coming back down. Volkswagen itself reported declining US deliveries in the first half of the year, with vehicle shipments plunging 16.2 percent in the three months from April, after the duties came into force.

On Wednesday, German chancellor Friedrich Merz said he was “cautiously optimistic” that the United States and European Union could strike a trade agreement by the end of the month that would benefit key German industries like autos and machine-making.

© 2024 AFP

Tags: automotive industryelectric vehiclestariffs
Share11Tweet7Share2Pin3Send
Previous Post

Italy probes UK online bank Revolut for ‘misleading’ clients

Next Post

EU opens new probe into TikTok data transfer to China

David Peterson

David Peterson

Related Posts

Economy

US tariffs on lumber imports set for October 14

October 1, 2025
Economy

Germany’s Lufthansa to slash 4,000 jobs as headwinds mount

September 29, 2025
Economy

Germany’s Lufthansa to slash 4,000 jobs by 2030

September 29, 2025
Economy

China at UN warns of return to ‘Cold War mentality’

September 26, 2025
Economy

US Fed’s preferred inflation gauge rises, with more cost pressures expected

September 26, 2025
Economy

The nations and firms threatened by Trump’s pharma tariffs

September 26, 2025
Next Post

EU opens new probe into TikTok data transfer to China

Wall Street stocks stall, London hits record high

Snap, crackle and pay: Ferrero to buy WK Kellogg for $3.1 bn

Shein faces 150-mn-euro fine in France

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Germany reviews warship order after delays

October 2, 2025

Stock markets surge on tech rally, US rate hopes

October 2, 2025

Spain hosts record number of summer tourists

October 2, 2025

OpenAI valuation soars to $500 bn in private share sale: reports

October 2, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.